Property Listing No Longer Available for Sale

W US Hwy 27 and SW Old Salt Road

Mayo, FL

Land for Sale - $8,460,000 - 1160 acres


Property Info

CIMLS#1039466
Location
  W US Hwy 27 and SW Old Salt Road
  Mayo FL 32066
UpdatedFebruary 18th, 2019
TypeLand
Price$8,460,000
Land1160 acres

Property Description

The Lafayette Dairy is a premier agricultural business located just two miles west of Mayo, Florida along

US Highway 27. Located in Lafayette County, the property is situated just 1.5 miles south of the Lower

Suwannee River. With over 3 miles of paved road frontage and close proximity to the amenities of

town, this property boasts incredible convenience for a large farming operation.

The farm is currently operated as a dairy and can be purchased as such with a continued contract through

Southeast Milk. The owner and operator grows silage on site and all dairy and farm equipment can be

purchased as a package deal along with stock. For those not wishing to continue operation as a dairy,

there is an option to purchase the land and improvements without the equipment or stock. With multiple

purchasing options, this property can easily be tailored to fit a variety of financial and operational portfolios.

The property features approximately 650 acres of cropland irrigated by newly installed center pivots. There

are an additional 100 acres currently irrigated by hard hose and more land can be converted to irrigated

field due to the property consisting of 99% uplands. There are also grain bins, barns, and all necessary

infrastructure to compliment these highly productive agricultural fields.

Housing for farm staff is no issue with this property. There are currently 12 dwellings for managers,

herdsmen, and maintenance staff in addition to a farm office for daily operations. Trucks, trailers, and tractors

can be purchased for an immediate continuance of operations after purchase. These improvements and the

opportunity to purchase onsite equipment makes for a truly turnkey operation.

This listing provides the savvy buyer with a truly unique opportunity to continue operation as a dairy

contracted through Southeast Milk. Just inside the Mayo city limits, Southeast Milk provides all of the support

staff and technical assistance required to sustain a dairy operation. Given the high percentage of irrigated

fields, this property can also be easily transitioned into a beef cow or row crop operation.


Financials